A 100 MW project owned by developer Fortum has become the first part of India’s mammoth Pavagada Solar Park to achieve grid connection. Fortum won the project in a reverse auction back in April 2016, and will sell power generated under a 25-year PPA at INR 4.79/kWh.
The Pavagada project ran into difficulties earlier this year, when 750 MW had to be retendered, due to a lack of substations. However, the project is still touted to be India (and the world’s) largest, with a planned capacity in excess of 2 GW to be built by the end of 2018.
Fortum, meanwhile states that it is targeting a GW scale portfolio of solar and wind projects in India, with plans to invest as much as €400 million in solar projects across the country. As well as this power plant, Fortum’s current India portfolio includes a 70 MW project in Rajasthan, and a 10 MW plant in Madhya Pradesh.
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